Catalog
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| Issuer | Bukhara Emirate Treasury |
|---|---|
| Year | 1918 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse is printed in olive-brown tones on plain paper, with an overall guilloche lattice border enclosing two cartouches bearing Arabic-script inscriptions at centre. Two serial number panels appear at left and right, and two further lobed vignette panels below carry additional Arabic text. The denomination value "2000 ТЕНГОВЪ" is inscribed in Cyrillic lettering within a rectangular panel along the lower margin. |
|---|---|
| Obverse lettering | 2000 ТЕНГОВЪ |
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| Comments |
The Bukhara Emirate's paper money experiment was brief and politically desperate. By 1918 the emirate was caught between Bolshevik pressure from the north and internal instability, and these treasury notes were issued without the backing infrastructure a functioning monetary system requires. The Emir Alim Khan's government had no established central bank — the treasury issued directly, an arrangement that collapsed within a few years when the Red Army took Bukhara in 1920.
Printed locally rather than by a European security printer, the notes show it. Surviving examples frequently display uneven ink distribution and misaligned impressions — not damage, but production quality consistent across the type.